Cheltenham Betting Offers & Free Bets 2025
The best Cheltenham betting offers and free bets to use across the 2025 Cheltenham Festival, which takes place on March 11th - 14th, 2025.
Latest Cheltenham 2025 Offers
Cheltenham Festival 2025 Hub
Cheltenham Latest Update - Day Four
Last Updated - Friday, March 15
After another thrilling day of action, which included Teahupoo landing the Stayers’ Hurdle and Protektorat taking victory in the Ryanair Chase, we head into the fourth and final day of the 2024 Cheltenham Festival.
The Triumph Hurdle kicks things off at 1:30pm with the County Hurdle and Albert Barlett Novices’ Hurdle following before the big one - the Cheltenham Gold Cup at 3:30pm.
The Festival Hunters’ Chase follows that before the Mares’ Chase and the Festival finale - the Martin Pipe Conditional Jockeys’ Handicap Hurdle at 5:30pm.
When & Where is the Cheltenham Festival?
The 2025 Cheltenham Festival takes place over four days - between Tuesday, March 11th, and Friday, March 14, attracting the top jump horses from the UK and Ireland.
Taking place at Prestbury Park in Cheltenham, Gloucester, it is the highlight of the National Hunt season and is widely regarded as one of the best horse racing festivals anywhere in the world.
The Festival is centred around four main Championship races.
- The opening day is Champion Hurdle Day, the second biggest race of the Festival.
- On Ladies Day, the second day, we have the Champion Chase.
- Then, the Stayers’ Hurdle takes place on Thursday, also known as St Patrick’s Day.
- Finally, the Festival’s last day features the biggest event - the Cheltenham Gold Cup.
Best Cheltenham Offers for Existing Customers
The Cheltenham Festival is the perfect time to open a new betting account. With so many fantastic promotions and free bets, it’s also a great opportunity for existing customers to take advantage of a few free bets.
Online bookmakers are falling over themselves to get your business and, in doing so, give away all sorts of amazing offers over the four-day Festival – such as ‘Money Back if Your Horse Loses’. Combined, they make it hard to lose money.
In fact, if you’re shrewd, you can even guarantee yourself a profit.
Best Cheltenham Bookmaker
While it’s always a good idea to have multiple betting accounts giving you access to more Cheltenham free bets and offers, perhaps the best all-round Cheltenham bookmaker is bet365.
Not only were they one of the first bookie to offer ‘NRNB’ terms (Non-Runner No Bet), but they also offer ‘Best Odds Guaranteed’ on all Cheltenham Festival races, and you can also live stream all Cheltenham races via their website.
Types of Cheltenham Betting Offers
A wide range of Cheltenham sign-up offers are available both in the run-up and during the Cheltenham Festival. The good old free bet is the mainstay, but there are also enhanced odds offers, money-back specials and ‘Non-Runner No Bet’ (NRNB) markets for antepost betting.
Among the most popular Cheltenham betting offers delivered by bookies are:
Cheltenham Antepost Offers
Antepost offers punters the opportunity to lock in good value bets early. Antepost is essentially placing a bet on a future Cheltenham race, and you’ll find the likes of Paddy Power, Ladbrokes, and William Hill have many early antepost offers available for most Cheltenham Festival races.
Non-Runner No Bet (‘NRNB’)
This market is perfect for those getting their Cheltenham bets in early. Essentially, the offer means you’ll receive your stake back should the horse you back not run in the race.
You’ll find it on most bookmaker’s sites in the build-up to Cheltenham, non runner no bet is certainly an offer to look out for.
Cheltenham Money Back Offers
Money-back specials are great offers and worth watching for if there’s a big favourite in the race. What they do is offer you your stake back (usually as a free bet) if your bet loses and a certain outcome does occur.
In horse racing, this is usually if the favourite wins and your horse is 2nd or sometimes if your horse loses by a narrow margin. So, for example, Coral may offer money-back on any losing bet if your horse loses by a head or less.
Enhanced Odds Offers
Enhanced odds are a type of odds that boost your profits and are always offered by the big names come Cheltenham time.
This will usually be on the favoured horses in order to win your custom. So you might find that a bookie will boost a horse priced 4/5 to 5/1 to lure punters in, but the maximum stake allowed will be quite low. Find out more on enhanced odds offers.
Cheltenham Free Bets Offers
The most common type of Cheltenham betting offer is a good old free bet. Usually offered to new customers, you’ll receive free stake money added to your bankroll, which can then be played on Cheltenham markets.
You’ll find dozens of these, from no-deposit free bets to 100% match bonuses on your first deposit.
Also, check back with us as the new year hits to get all the best Cheltenham free bet offers.
Tote Betting on Cheltenham
Tote betting is a type of bet in which punters select a series of winners across the day and put their stakes into a prize pool.
The prize pool is then split between the punters who correctly predicted the most winners.
Cheltenham 2025 Betting Specials
The offers don’t stop there either, with plenty of other specials offered in the build-up to the Festival.
Among the other betting offers available include…
Acca Insurance
Accumulator insurance is the perfect offer for placing an accumulator at the Cheltenham Festival. It offers you a safety net and returns your stake as a free bet should just one horse on your accumulator let you down.
Faller Insurance
You never know what will happen in horse racing, which makes faller insurance a popular offer among many punters.
The offer returns your stake as a free bet should the horse you’ve had a bet on fall during the race. It can happen to even the favourite, so make sure your wager is protected.
Lucky 15/31/63
These are more types of strategy, with Lucky 15 (or 31/63) covering all angles of a bet. It’s a wager on four selections and is made up of four singles, six doubles, four trebles and a four-fold accumulator.
This is aimed at making a large profit if all four selections win and still profit if only one selection passes the post first.
Best Odds Guaranteed
Playing best odds guaranteed markets gives you the opportunity to lock in the best price on the horse you wish to back. You may back a horse at 4/1, but if the horse’s starting price is then 6/1 and it wins, you’ll be paid out at the 6/1 odds.
Best Cheltenham Trainer Odds
There’s also a betting market for ‘Best Cheltenham Trainer’, with many bookmakers offering odds on this market. Winning the best trainer award at the Cheltenham Festival is one of the most prestigious accomplishments a trainer can land in horse racing.
Cheltenham Betting Markets
As race week draws closer, you’ll find dozens of Cheltenham betting markets to enjoy, and even now, you’ll find plenty on offer.
The ‘To Win Any Race’ At Cheltenham betting market is often a good route to go down at this early stage as you won’t find out which races are running until later in the new year.
You will already find odds on almost every race at the Cheltenham Festival, from the Gold Cup to Stayers’ Hurdle odds and Supreme Novices’ Hurdle odds.
Naturally, it may become the case at this early stage that your horse might not end up running at all. Plenty of bookmakers will give you Non-Runner No Bet markets, which essentially means you won’t lose out.
This means it’s never too early to enjoy the Cheltenham betting markets and back your horse at large odds before they potentially shorten.
If you’re wondering how to bet on Cheltenham, then there are numerous betting markets to choose from:
Win or Each-Way
The simplest and most straightforward horse racing bets. Pick any horse to win the race or go “each-way”. Each-way betting is essentially two bets (win & place), and the number of places the bookies will pay out on varies depending on number of runners and type of race. Usually, it’s the first three horses home, but in big handicap races, this extends to the first four, and in some cases, the bookmakers will offer ‘enhanced place terms’ where you can get five or sometimes even six places or more. So watch out for these!
Forecast / Tricast Betting
This type of horse race bet asks you to make predictions of the 1-2 or 1-2-3 horses home. Predicting the first two horses is known as the Forecast, and predicting the first three is known as the Tricast. You can ‘perm’ several horses into combination bets to increase your chances of winning. For example, three horses in a combination Tricast is six bets in total, as there are six possible permutations. As you can imagine, a winning Tricast bet can pay very handsome returns.
Match Bet
This type of bet pits two specific horses in the same race against one other in what is known as a ‘Match Bet’, and you are betting on which horse will do best out of these two horses. For example, if your horse finishes 5th and the other horse finishes 8th, you win.
Placepot & Scoop6 Pool Betting
The Placepot bet asks you to predict a horse to finish placed in the first 6 races, and the Scoop6 is a jackpot-type bet that needs you to predict 6 winners. These bets are ‘Tote pool’ type bets where all the stakes go into a big pool and then are re-distributed to the winners as a dividend. The fewer winners, the bigger the payout will be. These are difficult bets to win, but the rewards can be rewarding! If the Scoop6 is not won, it is rolled over to the next day for an even bigger jackpot.
Top Festival Trainer Betting
A special bet on which trainer will end the Cheltenham Festival with the most winners. These novelty bets give you a betting interest over the entire Festival as you can cheer on every horse of your chosen trainer. Irish trainers have dominated recently, with Willie Mullins landing the accolade for the last five consecutive years.
Top Festival Jockey Betting
As above, but this time, we are betting on which jockey will win the most races during the four-day Cheltenham Festival. It’s another market that has been dominated by the Irish in recent years, with Paul Townend riding the most winners in four of the last five years and Rachael Blackmore taking the glory in 2021.
GB vs Ireland - Prestbury Cup
The Prestbury Cup, named after Prestbury Park on which the famous Cheltenham racecourse sits, is given to the winning most nation over the four-day Cheltenham Festival. This competition is a straight match between Great Britain and Ireland.
Horses to ‘Win ANY Race’ at the Festival
Often, trainers do not know which Cheltenham races to target their horses at until nearer the time and so will enter them into multiple Cheltenham Festival races. This can be a bit of a headache for antepost betting. However, some bookmakers will offer special odds on horses to win any race at the Festival, thereby taking the guesswork out of which race a horse will ultimately run in.
Cheltenham 2025 Race Schedule & Racecards
Our Cheltenham Festival page will keep you updated with all the latest news, top tips and value odds for the big week, so bookmark this page and check back regularly.
Below is the full race schedule, including links to dedicated race pages (odds & racecards) and updated results. You can also stay up to date with our Cheltenham Racecards page.
Cheltenham Festival - Day One
| Time | Cheltenham Day 1 Races |
|---|---|
| 1:30pm | Supreme Novices’ Hurdle |
| 2:10pm | Arkle Challenge Trophy |
| 2:50pm | Ultima Handicap Chase |
| 3:30pm | Champion Hurdle |
| 4:10pm | Mares’ Hurdle |
| 4:50pm | Boodles Juvenile Handicap Hurdle |
| 5:30pm | National Hunt Chase |
Cheltenham Festival - Day Two
| Time | Cheltenham Day 2 Races |
|---|---|
| 1:30pm | Baring Bingham Novices’ Hurdle |
| 2:10pm | Brown Advisory Novices’ Chase |
| 2:50pm | Coral Cup |
| 3:30pm | Queen Mother Champion Chase |
| 4:10pm | Cross Country Chase |
| 4:50pm | Grand Annual Chase |
| 5:30pm | Champion Bumper |
Cheltenham Festival - Day Three
| Time | Cheltenham Day 3 Races |
|---|---|
| 1.30pm | Turners Novices’ Chase |
| 2:10pm | Pertemps Network Final |
| 2:50pm | Ryanair Chase |
| 3:30pm | Stayers’ Hurdle |
| 4:10pm | Festival Plate |
| 4:50pm | Mares’ Novices’ Hurdle |
| 5:30pm | Kim Muir Chase |
Cheltenham Festival - Day Four
| Time | Cheltenham Day 4 Races |
|---|---|
| 1:30pm | Triumph Hurdle |
| 2:10pm | County Hurdle |
| 2:50pm | Albert Bartlett Novices’ Hurdle |
| 3:30pm | Cheltenham Gold Cup |
| 4:10pm | Festival Hunters’ Chase |
| 4:50pm | Liberthine Mares’ Chase |
| 5:30pm | Martin Pipe Conditional Jockeys’ Handicap Hurdle |
Cheltenham Live Streaming
There are plenty of different ways you can watch Cheltenham live if you are in the UK, and you can do it completely legally, too.
ITV Racing will provide free coverage, showing five live races every day of the four-day Festival, while the subscription channel Racing TV will provide live coverage of all 28 races with expert analysis.
For live streaming, the best place to go is bet365, who will broadcast every race on their website and betting app, with in-play betting for punters to enjoy.
Previous Cheltenham Gold Cup Winners
- 2024: Galopin Des Champs - Trainer: Willie Mullins, Jockey: Paul Townend
- 2023: Galopin Des Champs - Trainer: Willie Mullins, Jockey: Paul Townend
- 2022: A Plus Tard - Trainer: Henry de Bromhead, Jockey: Rachel Blackmore
- 2021: Minella Indo – Trainer: Henry de Bromhead, Jockey: Jack Kennedy
- 2020: Al Boum Photo – Trainer: Willie Mullins, Jockey: Paul Townend
- 2019: Al Boum Photo – Trainer: Willie Mullins, Jockey: Paul Townend
- 2018: Native River – Trainer: Colin Tizzard, Jockey: Richard Johnson
- 2017: Sizing John – Trainer: Jessica Harrington, Jockey: Robbie Power
- 2016: Don Cossack – Trainer: Gordon Elliott, Jockey: Bryan Cooper
- 2015: Coneygree – Trainer: Mark Bradstock, Jockey: Nico De Boinville
Cheltenham Trials Day Betting
Before the Cheltenham Festival takes place in March, you’ll get the chance to see some of the key runners on Cheltenham Trials Day.
Not only is it the chance to take advantage of a few Cheltenham free bets early on - but it’s also a great opportunity to study the form ahead of race day in March.
How To Use Cheltenham Free Bets
Most bookmakers today have incredibly easy-to-navigate sites, and you’ll have no problem cashing in your Cheltenham Festival free bet.
How you use your free bet can vary from bookmaker to bookmaker, with some restrictions being in place regarding both spending it and withdrawing any winnings.
However, those with another bookmaker account or an account with a betting exchange are able to lock in a profit from free bets without any risk. You can calculate how much profit can be locked into your free bets with our Back/Lay Hedging Calculator.
Restrictions on free bets can vary between bookmakers, and it is in your best interests to know what to look for. It can save time and disappointment later down the line and will help you make the best of your Cheltenham free bets.
What to Know Before Using Your 2025Cheltenham Festival Free Bets
- Free Bet Stakes Not Included in Returns: It’s not standard practice for bookmakers to include your Free Bet stake in any potential winning returns you claim. Typically, you will only receive the winnings from your Free Bet.
- Is There a Minimum Bet at Cheltenham: The majority of Free Bet Deposit Bonuses come with a minimum odds qualifying requirement that usually varies between about 1/5 (1.20) and 6/4 (2.50).
- Rollover Requirement: Bookmakers will often have a rollover requirement on your initial Free Bet Deposit Bonus that stipulates that your initial Free Bet bonus must be wagered a set number of times before you’re permitted to withdraw any potential Free Bet winnings.
- Free Bet Expiry: Any Free Bet will almost always come with an expiry date. These cut-off dates vary but are usually within either seven or 30 days of them being first awarded.
- Bet Type Restrictions: Free Bets can almost always be used as a single bet, and they are also usually fine to use in accumulators.
- Betting Product Restrictions: A Free Bet is usually restricted to be used in the specific area it was allocated for, so, for example, a sportsbook Free Bet will only be acceptable for use in the bookmaker sportsbook and can’t be used in the casino or poker room.
2025 Cheltenham Festival Offers
If you are looking for more information on Cheltenham Day races, follow the links below.
- Cheltenham Day 1 Tips
- Cheltenham Day 2 Tips
- Cheltenham Day 3 Tips
- Cheltenham Day 4 Tips
- Cheltenham Gold Cup Odds
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